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PM's assets around Rs 10.73 crore; Farooq, Azad also among 'Crorepati Mantris'
9/10/2012 12:17:39 AM
early times report
NEW DELHI, Sept 9: Prime Minister Manmohan Singh has assets worth around Rs 10.73 crore double that of last year, but a number of his cabinet colleagues are much richer than him.
New And Renewable Energy Minister Farooq Abdullah has over Rs 98 lakh deposited in bank accounts and has shares in ancestral properties in Jammu and Kashmir. The value of some of the properties within the share and in possession of Abdullah is over Rs 2.25 crore. Abdullah also earned over Rs 26 lakhs from the sale of family land in Srinagar.
Health Minister Ghulam Nabi Azad has total assets of Rs 68.59 lakh, including land in Maharashtra worth Rs 5.5 lakh and the remaining in cash and bank balances. His wife Shameed Azad owns a house and land in Srinagar worth Rs 55 lakh besides a residential flat in Delhi. She has bank deposits and jewellery worth Rs 2.62 crore.
The net worth of Azad and his family as on July 2012 is Rs 3.42 crore along with a flat in Delhi which is not valued. He has a total net worth of Rs 2.22 crore in cash and deposits alongwith a flat in Delhi.
Among the richer cabinet ministers are Praful Patel with assets of approximately Rs 52 crore and Sharad Pawar with property worth around Rs 22 crore, according to the updated list of assets of the ministers posted on the PMO website.
Defence Minister A K Antony has assets worth Rs 55 lakh, the lowest in the list of the cabinet Ministers. Manmohan Singh has shown residential properties, bank deposits and a Maruti 800 car as his assets. While the total worth of Singh's two flats- in Chandigarh and Delhi- is Rs 7.27 crore, Singh has bank deposits and investments worth Rs 3.46 crore approximately in various State Bank of India (ASBI) accounts.
He has declared total assets of worth Rs 10.73 crore approximately. Last year, the Prime Minister had declared total assets worth Rs 5.11 crore approximately. The flats owned by him in Chandigarh and Vasant Kunj here were then valued at a total of Rs 1.78 crore and he owned 150.80 gm of gold jewelery worth Rs 2.75 lakh.
Sources in the Prime Minister's Office (PMO) said though the assets with Singh have remained the same, the valuation has gone up as the assessment has been done by a government- approved valuator. The depreciated value of his Maruti 800 car has been shown as Rs 21,033. Singh also owns 150.80 grams of gold jewellery but its value has not been shown in his declaration of assets and liabilities.
Singh also owns a bank account in Dispur in Assam where he has a deposit of Rs 6,515.78 only. HRD Minister Kapil Sibal and his wife Promila have total assets of Rs 45.33 crore, including 8.11 crore of his wife.
Of the Rs 37.22 crore assets owned by Sibal, he has at least 12 properties worth Rs 29.35 crore and cash and bank deposits along with shares and debentures worth Rs 2.82 crore, 3 kilograms of jewellery worth Rs 35.33 lakh and loans and advances of Rs 4.63 crore.
Home Minister Sushilkumar Shinde has a house whose present worth is Rs 50 Lakh, two flats worth Rs 1.99 crore and Rs 1.25 crore, agricultural land worth Rs 19.76 Lakh, guest house worth Rs 8.22 Lakh, land worth Rs 1.11 Crore. Shinde also owns a Mitsubhishi tractor worth Rs 1.90 lakh He owes a loan of Rs 10 Lakh to one Raj Shroff.
His wife Ujjwala Shinde owns a flat worth Rs 2.15 crore, two pieces of land worth Rs 15.38 crore and Rs 84 lakh. She also owes a loan of Rs 27 Lakh to one Raj Shroff. External Affairs minister S M Krishna has assets worth Rs 1.89 crore, including immovable properties of Rs 31.44 lakh.

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